The Kraljic approach is taking into account the external factors; cost & supply which helps to identify the domain approach per segment. Most purchasing assignments are being provided as a solution rather than individual products or services. This is often the preferred approach on having an end to end solution integrator instead of a multiple suppliers and projects to manage. Even if the category planning and strategy have been initially developed, the most important for the procurement organization is to standardize the way to categories company projects to create defined guidelines for each segment. Today, the saturated, highly competitive and dynamic market require from procurement to create sustainable value rather than cost savings and security of supply. Most procurement organizations have difficulties in answering to the corporate objectives.
THE PROCUREMENT VALUE MATRIX HAS BEEN DEVELOPED TO TAKE INTO ACCOUNT INTERNAL & EXTERNAL FACTORS TO CREATE PROCUREMENT VALUE & ACHIEVE HIGHEST CUSTOMER SATISFACTION.